NBA players to receive 25% less in paychecks starting May 15

Posted at 5:40 PM, Apr 17, 2020
and last updated 2020-04-17 19:40:46-04

NBA players will see 25% of their paychecks taken out starting May 15.

The decision was finalized Friday in a board of governors meeting and was done in concert with the National Basketball Players Association.

It is the first direct hit to player salaries because of the coronavirus pandemic, which has caused the league to miss 259 regular season games.

NBA Commissioner Adam Silver says the league will weigh several factors as it continues to try to save the season, among them whether the infection rate of COVID-19 comes down nationally, the availability of large-scale testing and progress on the path toward a vaccine.